# PPP loan: PRECIOUS METAL REFINING SERVICES, INC.
> **$256K** approved 04/30/2020 · Paid in Full · Loan `6776937301`
## Borrower
- **Name:** PRECIOUS METAL REFINING SERVICES, INC.
- **Address:** 1531 South Grove Avenue, BARRINGTON, IL, 60010
- **NAICS:** 331492
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $60K
- **Utilities:** $4K
- **Health care:** $7K
- **Jobs reported:** 15
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*